• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Whole Foods CEO says grocery will turn Amazon from the 'everything store' into the 'everyday store'

2

Disney offered a 13-year-old $2 million to sing in The Lion King—his mom took $100k plus royalties instead. He’s still getting paid 32 years later

3

‘Everybody knows you’re out of touch’: Palantir CEO Alex Karp says his own exec told him to stop hyping Foundry

1

Whole Foods CEO says grocery will turn Amazon from the 'everything store' into the 'everyday store'

2

Disney offered a 13-year-old $2 million to sing in The Lion King—his mom took $100k plus royalties instead. He’s still getting paid 32 years later

3

‘Everybody knows you’re out of touch’: Palantir CEO Alex Karp says his own exec told him to stop hyping Foundry
C-SuiteFortune 500 Power Moves

Fortune 500 Power Moves: Which executives gained and lost power this week

Fortune Editors
By
Fortune Editors
Fortune Editors
Down Arrow Button Icon
Fortune Editors
By
Fortune Editors
Fortune Editors
Down Arrow Button Icon
October 9, 2026, 10:00 AM ET
General Dynamics (No. 91) appointed Danny Deep CEO, effective Jan. 1, 2027.
General Dynamics (No. 91) appointed Danny Deep CEO, effective Jan. 1, 2027. Courtesy of General Dynamics.
Google source logo
Add Fortune on Google for similar content.

This is Fortune 500 Power Moves, a column tracking executive shifts—from appointments and promotions to resignations and retirements—within the highest ranks of Fortune 500 companies. 

Recommended Video

Below is a recap of the C-suite developments at America’s highest-revenue-generating companies announced between Oct. 3-9, 2026, organized by sector. Titles included in this roundup: CEOs (Chief Executive Officers), CFOs (Chief Financial Officers), COOs (Chief Operating Officers), CTOs (Chief Technology Officers), and Chief People Officers. We also include CIOs (Chief Information Officers), CHROs (Chief Human Resources Officers), CMOs (Chief Marketing Officers), and Chief Customer Officers when there are Power Moves within the Fortune 500 announced pertaining to those roles.

For daily updates, subscribe to Fortune’s weekday newsletters, including CEO Daily, CFO Daily, and MPW Daily, as well as Next to Lead (weekly Mondays), and CIO Intelligence (weekly Wednesdays).

Aerospace and defense

  • General Dynamics (No. 91) appointed Danny Deep CEO, effective Jan. 1, 2027. Deep has been with the company for 25 years and currently serves as President. He will succeed Phebe Novakovic, who has served as CEO since 2013 and will transition to Executive Chairman.

Energy

  • Chevron (No. 21) appointed Jeff B. Gustavson CFO, effective Jan. 1, 2027. Gustavson has been with the company for 27 years and currently serves as President, New Energies. He will succeed Eimear Bonner, who will become President, Oil, Products and Gas.

Health care

  • Stryker (No. 181) appointed Spencer S. Stiles CEO, effective Jan. 1, 2027. Stiles has been with the company for 27 years and currently serves as President and COO. He will succeed Kevin A. Lobo, who will exit the role on Dec. 31 after leading the company since 2012 and transition to Executive Chair.

  • Boston Scientific (No. 222) appointed Joseph M. Fitzgerald EVP and COO, effective Jan. 1, 2027. Fitzgerald currently serves as EVP and Group President, Cardiovascular of the company. The company has not had a COO in over a decade.

Retailing

  • Lithia Motors (No. 123) promoted Katie Macaddino to Chief People Officer. Macaddino previously served as SVP, People and Culture, and earlier spent 15 years at Intel (No. 88). Gary Glandon was most recently in the Chief People Officer role but retired as of Dec. 31, 2025.

  • AutoNation (No. 166) appointed Ravi Simhambhatla Chief Technology and AI Officer. Simhambhatla most recently served as EVP and Chief Digital and Innovation Officer at Avis Budget Group (No. 380). He previously held technology leadership roles at Google (Alphabet (No. 5)), Tesla (No. 43), and United Airlines Holdings (No. 81).

Source: S&P Global Market Intelligence

Fortune Daily breaks the traditional barrier between audience and newsroom. The show transforms Fortune’s trusted reporting into actionable, conversational, and entertaining insights for an emerging class of business leaders. Watch here.
About the Author
Fortune Editors
By Fortune Editors
See full bioRight Arrow Button Icon
Google source logo
Add Fortune on Google for similar content.

Latest in C-Suite


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in C-Suite


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.